Like the rest of the 3 month club I got into it at the high. I didn't really expect it to stay up there but am surprised it has dived down this far. I didn't do my research. I expect BTC will get to $5K or lower. It sucks that it drags alts right down with it.
I paid MSRP for all my stuff and don't plan on selling or quitting unless it gets to the point that I'm not breaking even. This is a good time to mine stacks and hold onto them. Hopefully as people give up hash rate drops off and it gets easier for those who stick it out. Choose a few good coins that aren't total garbage and hold onto them for a year or more. Who knows - might pay off.
Here in the US the benefit to lower prices is less income tax reported from mining. At least we have that going for us. lol
Another benefit is GPU prices should take a steep decline in the next 30-60 days if market prices stay down. People are going to give up. And that means for gamers they can get cards and I don't have to listen to any more whining and complaining on forums.